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FINDLAY, Ohio--(BUSINESS WIRE)--Cooper Tire & Rubber Company (NYSE: CTB) has appointed Mark Chung Vice
President, Strategy & Business Development for the Americas. In his new
role, Chung is responsible for leading the development and execution of
Cooper’s North and South America business strategy, spearheading
business intelligence, business development, and establishing processes
to support the company’s growth initiatives in North America. He reports
to Chris Ostrander, Cooper’s President, Americas Operations.

Chung brings nearly 15 years of automotive and industrial-related
corporate strategy, marketing and sales experience to Cooper, including
his most recent post as Director, Global Marketing for the Filtration
Business Unit of Cummins Inc., where he led a global team located across
five continents. Prior to Cummins, Chung was with Yokohama Tire
Corporation as Director of Strategic Marketing, Corporate Strategy &
Product Marketing, where he had global responsibility for the company’s
marketing and corporate strategic planning process. Earlier in his
career, Chung spent five years with Ford Motor Company, where he was a
part of the accelerated marketing executive management development
program and served in a variety of roles including Digital Marketing
Manager, Zone Sales Manager, Advanced Market Strategy Manager, and
Experiential Marketing Manager.

“Mark brings a wealth of experience in strategic business planning, as
well as marketing and sales leadership to Cooper,” said Ostrander. “As
we work toward achieving the ambitious goals we have for the Americas
region to drive improvements in mix and margin, increase our
participation in the original equipment channel, and grow our commercial
vehicle and Latin American sales, Mark’s leadership will be instrumental
to develop and implement the strategy to attain these goals.”

Chung graduated from the University of Southern California’s Marshall
School of Business with a bachelor’s degree in Business Administration,
and earned a master’s degree in Business Administration (MBA) from
Indiana University’s Kelley School of Business.

About Cooper Tire & Rubber Company

Cooper Tire & Rubber Company (NYSE: CTB)is the parent
company of a global family of companies that specialize in the design,
manufacture, marketing, and sales of passenger car and light truck
tires. Cooper has joint ventures, affiliates and subsidiaries that also
specialize in medium truck, motorcycle and racing tires. Cooper's
headquarters is in Findlay, Ohio, with manufacturing, sales,
distribution, technical and design facilities within its family of
companies located in 11 countries around the world. For more information
on Cooper, visit www.coopertire.com,
www.facebook.com/coopertire
or www.twitter.com/coopertire.

Forward Looking Statements

This release contains what the Company believes are “forward-looking
statements,” as that term is defined under the Private Securities
Litigation Reform Act of 1995, regarding projections, expectations or
matters that the Company anticipates may happen with respect to the
future performance of the industries in which the Company operates, the
economies of the United States and other countries, or the performance
of the Company itself, which involve uncertainty and risk. Such
“forward-looking statements” are generally, though not always, preceded
by words such as “anticipates,” “expects,” “will,” “should,” “believes,”
“projects,” “intends,” “plans,” “estimates,” and similar terms that
connote a view to the future and are not merely recitations of
historical fact. Such statements are made solely on the basis of the
Company’s current views and perceptions of future events, and there can
be no assurance that such statements will prove to be true.

It is possible that actual results may differ materially from those
projections or expectations due to a variety of factors, including but
not limited to:

volatility in raw material and energy prices, including those of
rubber, steel, petroleum based products and natural gas and the
unavailability of such raw materials or energy sources;

the failure of the Company’s suppliers to timely deliver products in
accordance with contract specifications;

changes in economic and business conditions in the world;

failure to successfully implement information technologies or related
systems, including the failure to successfully implement systems in
connection with the Company's ERP deployment;

government regulatory and legislative initiatives including
environmental and healthcare matters;

volatility in the capital and financial markets or changes to the
credit markets and/or access to those markets;

changes in interest or foreign exchange rates;

an adverse change in the Company’s credit ratings, which could
increase borrowing costs and/or hamper access to the credit markets;

the risks associated with doing business outside of the United States;

the failure to develop technologies, processes or products needed to
support consumer demand;

technology advancements; the inability to recover the costs to develop
and test new products or processes;

the impact of labor problems, including labor disruptions at the
Company, its joint ventures, including CCT, or at one or more of its
large customers or suppliers;

failure to attract or retain key personnel;

consolidation among the Company’s competitors or customers;

inaccurate assumptions used in developing the Company’s strategic plan
or operating plans or the inability or failure to successfully
implement such plans;

failure to successfully integrate acquisitions into operations or
their related financings may impact liquidity and capital resources;

the ability to sustain operations at CCT, including obtaining
financial and other operating data at CCT;

changes in the Company’s relationship with its joint-venture partners,
or changes in the ownership structure of its joint ventures, including
changes resulting from the previously announced agreement between the
Company and the CCT joint-venture partner;

the inability to obtain and maintain price increases to offset higher
production or material costs;

inability to adequately protect the Company’s intellectual property
rights; and

inability to use deferred tax assets.

It is not possible to foresee or identify all such factors. Any
forward-looking statements in this release are based on certain
assumptions and analyses made by the Company in light of its experience
and perception of historical trends, current conditions, expected future
developments and other factors it believes are appropriate in the
circumstances. Prospective investors are cautioned that any such
statements are not a guarantee of future performance and actual results
or developments may differ materially from those projected.

The Company makes no commitment to update any forward-looking statement
included herein or to disclose any facts, events or circumstances that
may affect the accuracy of any forward-looking statement. Further
information covering issues that could materially affect financial
performance is contained in the Company’s periodic filings with the U.
S. Securities and Exchange Commission (“SEC”).